CADCHF: Potential Bearish Reversal
Price is nesting inside a D1 SZ, area of selling interest, the whole of Fri.
D1 volume drop from Thu. Lack of momentum to punch through structure high
H4 highest volume bar is not breaching the Fri high. Sign of weakness
Am looking for confirmation to go SHORT
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
D1 volume drop from Thu. Lack of momentum to punch through structure high
H4 highest volume bar is not breaching the Fri high. Sign of weakness
Am looking for confirmation to go SHORT
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.